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April/May 2008 Important Links
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| Welcome to OOCL Trade News | Services & Price Charts | |||||||||||||||
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Development
of the Asia-US trades in 2007 caught a lot of people by
surprise. Ocean-bourne imports grew marginally after
years of robust growth. The subprime mortgage crisis,
record fuel prices and the weak dollar lowered consumer
confidence and slowed imports. On the flip side, strong
currencies among our trading partners and diversion of
agricultural products from bulk carriage to containers
yielded double digit export growth, also unseen for many
years.Carriers will continue to struggle with rapidly rising rail, truck, fuel and labor costs that are built into contracts, to be adjusted or further negotiated.
As we witnessed in 2007, carriers must dedicate assets first and foremost to the most remunerative Asia-Europe and Intra-Asia trade lanes. Supply and demand will right itself much more quickly and efficiently than before because of the global coverage of all major carriers. This
will be a challenging year for carriers and customers
alike. OOCL Launches New Environmental Care Website
OOCL voluntarily cooperates with many programs and standards around the world, and has received numerous awards and recognition for our achievements and quality practices.
Other useful features of the website include a downloadable diagram of
environmentally friendly features on OOCL newbuilding vessels, an
e-brochure, a Frequently Asked Questions (FAQ) section, useful links to
environmental agencies and organizations around the world, and an
environment-focused photo library showcasing our environmental efforts
around the world. Major OOCL Safety, Security and Environmental Protection Programs
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OOCL Offers Mexico Gulf to Mid West Link
Bunker Prices (US
Dollar per M Ton) US Diesel Fuel Prices
Mrs. Barbara Bush christens OOCL Texas m.v. at Yangshan Deepwater Port, Shanghai
President George H W Bush; Mr. Tung Chee Hwa, Vice-Chairman
of the Chinese Peoples Political Consultative Conference;
Ms. Li Xiaolin, Vice President, Chinese People's Association
for Friendship with Foreign Countries; Mr. Tang Dengjie, Vice
Mayor of Shanghai Municipal Government and Mr. J W Kim,
President and CEO of Samsung, were the honored guests among
200 participants at the ceremony. |
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| Security & News | IT and Logistics | |||||||||||||||
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10+2
Security Filing Regulations The public had until March 3, 2008 to comment on the proposed new regulations. Customs intends to phase in enforcement of the new rules over a 12 month period. The analysis of the rules impact suggests that importers will have to add an additional day to their transit schedules due to the new information requirements during the first year of implementation of the new rules. This is expected to drop to 12 hours by the second year.
e-Subscription - Worldwide Industry
and OOCL News Delivered to You The Country News can be customized by choosing only your countries of choice or a Select All button if you would like to receive worldwide news. Get news from over 50 countries in English, Chinese or Japanese with an easy one step subscription form. You may schedule your News advisory by choosing the day of week you would like to receive it on a regular basis. Also for your convenience, e-Subscription provides you with a weekly update of sailing schedules which will automatically be sent to you every Sunday.
Please click on the link below to subscribe:- |
Automate Your Shipping Instructions ![]() Still faxing your shipping instructions? Submit them electronically to reduce processing time Did you know that CargoSmart's Shipping Instructions feature can help your export group reduce processing time? Since its launch, thousands of shippers have used the feature to submit shipping instructions electronically to multiple-carriers. The feature helps streamline your processes by improving accuracy, speeding up the draft bill of lading turnaround time with carriers, and supporting the U.S.'s and Canada's 24-hour rule requirements helping to keep cargo moving and delivered on time. One leading Australian exporter, Murray Goulburn, extracts shipping instructions information from its SAP system and sends it electronically. The head of the export documentation department, Tony Wade confirmed, "Submitting shipping instructions by EDI reduces the amount of re-keying of information along the supply chain by 50%, improves the accuracy of our shipping documentation by about 25%, and helps to increase our export department's overall efficiency." Bring greater efficiencies to your operations. Join thousands of other shippers who have automated the shipping instruction submission process. ![]() The Cold Chain Experience
Check out OOCL Logistics website http://www.oocllogistics.com/ |
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OOCL (USA) Inc.
Marketing
Department, 2633 Camino Ramon, Suite 400, San Ramon, CA 94583.
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OOCL's "Trade News" is a
bimonthly newsletter designed to provide pertinent information about the
trade environment in general and OOCL in particular. We do hope you find this interesting and useful. |
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